Alamosa County Economic Development is located in Alamosa, CO. The organization was established in 1974. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2019, Alamosa County Economic Development employed 7 individuals. Alamosa County Economic Development is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2019, Alamosa County Economic Development generated $83.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (26.7%) each year. All expenses for the organization totaled $77.2k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (19.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
TO ASSIST ENTREPRENEURS IN STARTING NEW BUSINESS' IN THE SAN LUIS VALLEY. THE ENTITY ASSISTED SEVERAL HUNDRED PEOPLE/ORGANIZATIONS DURING 2018 WITH THEIR SMALL BUSINESS NEEDS.THE ORGANIZATION RECEIVED DONATED SERVICES OF $25,821 IN 2018.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Cerny President | 1 | $0 | |
Rob Oringdulph Vice President | 1 | $0 | |
Duane Bussey Secretary | 1 | $0 | |
Delzia Worley Past President | 1 | $0 | |
Heather Heersink Treasurer | 1 | $0 | |
Andrea Spencer Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,487 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $20 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,836 |
| Other Revenue | $9,236 |
| Total Revenue | $83,579 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,534 |
| Professional fees and other payments to independent contractors | $4,118 |
| Occupancy, rent, utilities, and maintenance | $2,530 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,350 |
| Total expenses | $77,231 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |